More From Shoshy Ciment
Adidas Says It Will Launch More Yeezy Product in August
It will release products that had been initiated in 2022, such as the Yeezy Boost 350 V2, 500 and 700, the…
Skechers Beats Expectations, Delivers $2B in Q2 Sales Despite Wholesale Slowdown
The Los Angeles-based footwear company reported record quarterly sales of $2.01 billion, which were up 7.7…
Crocs Inc. Raises Full-Year Outlook After Beating Q2 Expectations
Crocs Inc. has raised its full-year outlook after beating expectations for the second quarter, but the stock…
Authentic Brands Group Is Acquiring Rockport, Inks Marc Fisher Licensing Deal
As previously reported by WWD, Authentic Brands Group is buying Rockport out of bankruptcy.
Authentic Brands Group Is Acquiring Rockport, Inks Marc Fisher Licensing Deal
The U.S. Bankruptcy Court for the District of Delaware approved the sale transaction of Rockport, a Newton…
Running Leads Performance Shoe Gains in Q2, Circana Finds
The footwear market slowed in the second quarter of 2023, but performance footwear — led by running — saw…
Report: Orders for Yeezy Products Have Exceeded Adidas’ Expectations
Adidas received customer orders worth more than $563 million for 4 million pairs of sneakers by June 2, FT…
Adidas Raises Full-year Guidance, Says Yeezys Are Selling and Lifting Profits
The company said its business was positively impacted by the decision to start selling Yeezy products again…
Adidas Raises Full Year Guidance, Says Yeezys Are Selling and Lifting Profits
It said revenues and profits were "positively impacted" by its decision to begin selling some Yeezy inventory.
Dr. Martens Says Performance in Americas Will Be the ‘No. 1 Priority’
It's looking to reverse the trend of falling revenue due to wholesale challenges.
Footwear Prices in June Drop for First Time in Over 2 Years as Back-to-School Season Approaches
Inflation in June rose at slowing rate, and footwear retail prices saw a decrease for the first time in more…
Crocs Sues Competitor for Using Trade Secrets to Create Knockoffs
Kellen McCarvel used "stolen documents to build a rival shoe company, Joybees, to compete against Crocs," the…
Adidas HR Chief and Board Member to Step Down
Amanda Rajkumar joined Adidas' board in 2021.
Nike Beats Sales Expectations in Q4, But Misses on Earnings
The athletic giant reported Q4 revenues were $12.8 billion, up 5 percent compared to 2022.
Nike Beats Sales Expectations in Q4, but Misses on Earnings
Inventories were flat year-over-year.